Keep The Change: 20 Ways That The U.S. Economy Has Gotten Worse Since Barack Obama Became President

By almost any measure that you can think of, the U.S. economy has gotten worse since Barack Obama became president.  Unemployment is higher, the cost of food and gas are skyrocketing, the number of Americans living in poverty has spiked dramatically, the housing market is in nightmarish shape and our national debt has absolutely exploded.  Meanwhile, Barack Obama continues to prance around the country declaring that “we can live out the American dream again” and that what we are experiencing right now are simply “bumps on the road to recovery“.  But such mindless platitudes are of little comfort to the millions of American families that are slowly descending into poverty or the tens of millions of American families that are already there.  If this is the “change” that Barack Obama was promising then he can just keep the change. (Read More...)

Why Is The Economy So Bad?

Millions of Americans have lost their homes, tens of millions of Americans can’t find a decent job and 44 million Americans are on food stamps.  This is causing an increasing number of Americans to ask this question: “Why is the economy so bad?”  There are some Americans that are old enough to remember the Great Depression, but the vast majority of us have never known hard times.  All our lives we were told that America was the greatest economy on the planet and that we would always experience endless prosperity in this nation.  That was easy to believe because even though we had a recession once in a while, things always bounced back and got even better than ever.  But now something seems different.  The current economic downturn began back in 2007 and yet here we are in 2011 and there seems to be no end in sight for this economic crisis.  So what in the world is going on?  Can anyone explain why the economy is so bad? (Read More...)

America Is Rapidly Bleeding Wealth And Jobs: 28 Statistics About The Gutting Of The U.S. Economy That Will Blow Your Mind

Red alert! Over 40 billion dollars of America’s national wealth is being shipped out of the country every single month.  Our economy is being gutted and we are bleeding wealth and we are bleeding jobs.  This is a distress call.  Is anyone listening?  Thousands of our factories and millions of our jobs are being shipped overseas.  Over the past decade over 6 trillion dollars have been transferred into the hands of foreigners.  Our national government is so broke that they constantly have to go and beg those foreigners to lend us back some of that money in order to finance our exploding debt. The number of good jobs continues to decline and there are millions upon millions of my countrymen that are unemployed.  Can anybody help us? Mayday! Mayday! Mayday! (Read More...)

36 Statistics Which Prove That The American Dream Is Turning Into An Absolute Nightmare For The Middle Class

The U.S. middle class is being shredded, ripped apart and systematically wiped out.  If you doubt this, just check out the statistics below.  The American Dream is being transformed into an absolute nightmare.  Once upon a time, the rest of the world knew that most Americans were able to live a middle class lifestyle.  Most American families had nice homes, most American families had a car or two, most American families had nice clothes, most American families had an overabundance of food and most American families could even look forward to sending their children to college if that is what the kids wanted to do.  There was an implicit promise that this was the way that it was always going to be.  Most of us grew up believing that if we worked really hard in school and that if we stayed out of trouble and that if we did everything that “the system” told us to do that there would be a place for us in the middle class too.  Well, it turns out that “the system” is breaking down.  There aren’t enough good jobs for all of us anymore.  In fact, there aren’t very many crappy jobs either.  Millions are out of work, millions have lost their homes and nearly all of the long-term economic trends just keep getting worse and worse.  So is there any hope for the U.S. middle class? (Read More...)

Tax The Rich? 14 Facts You May Want To Consider

Class warfare in the United States is heating up again.  As the overall economic pie shrinks, the poor are being taught to go after the rich and the rich are being taught that the poor are a threat.  Lately, the calls to “tax the rich” have grown louder than ever.  As thousands more American families fall into poverty every single day, and as U.S. government debt continues to soar, many are touting higher taxes on the wealthy as the solution to all of our problems.  But is that what we really want to do?  Will it actually solve our economic and financial problems as a nation?  If you don’t have much money, it can sound very appealing when politicians say that they want to “tax the rich”.  But unfortunately, things are just not that simple. (Read More...)